Civic Intelligence

Braddock Heights Community Assoc Inc

990 • Fiscal year 2021 • EIN 52-0891872

Nov 01, 2020 to Oct 31, 2021 • Filed on Jun 24, 2022

PO Box 243Braddock Heights, MD 21714

(301) 371-8007

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.07x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.13x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2021

Net Margin

61st percentile

15%

Higher net margin than 61% of similar nonprofits.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2021

Asset Growth

65th percentile

8.5%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

43%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$500,945

Up $39,348 (+8.5%) from 2020

Net Assets

Up

$465,995

Up $39,348 (+9.2%) from 2020

Liabilities

Flat

$34,950

Flat from 2020

Revenue

Up

$269,903

Up $80,694 (+43%) from 2020

Expenses

Up

$230,441

Up $26,981 (+13%) from 2020

Net Income

Up

$39,462

Up $53,713 (+377%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $496,178Liabilities 2011: $141,5552011Assets 2012: $529,802Liabilities 2012: $132,450Net Assets 2012: $397,3522012Assets 2013: $506,135Liabilities 2013: $98,350Net Assets 2013: $407,7852013Assets 2014: $506,385Liabilities 2014: $89,250Net Assets 2014: $417,1352014Assets 2015: $501,093Liabilities 2015: $80,150Net Assets 2015: $420,9432015Assets 2016: $499,700Liabilities 2016: $70,081Net Assets 2016: $429,6192016Assets 2017: $491,514Liabilities 2017: $61,950Net Assets 2017: $429,5642017Assets 2018: $485,158Liabilities 2018: $53,150Net Assets 2018: $432,0082018Assets 2019: $484,948Liabilities 2019: $44,050Net Assets 2019: $440,8982019Assets 2020: $461,597Liabilities 2020: $34,950Net Assets 2020: $426,6472020Assets 2021: $500,945Liabilities 2021: $34,950Net Assets 2021: $465,9952021Assets 2022: $480,795Liabilities 2022: $15,498Net Assets 2022: $465,2972022Assets 2023: $441,877Liabilities 2023: $4,700Net Assets 2023: $437,1772023Assets 2024: $500,945Liabilities 2024: $4,700Net Assets 2024: $496,2452024

Highlighted filing

2021

Assets$500,945
Liabilities$34,950
Net Assets$465,995

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $191,946Expenses 2011: $188,674Net Income 2011: $3,2722011Revenue 2012: $229,549Expenses 2012: $189,507Net Income 2012: $40,0422012Revenue 2013: $213,136Expenses 2013: $202,812Net Income 2013: $10,3242013Revenue 2014: $212,738Expenses 2014: $203,439Net Income 2014: $9,2992014Revenue 2015: $214,580Expenses 2015: $210,772Net Income 2015: $3,8082015Revenue 2016: $221,306Expenses 2016: $212,630Net Income 2016: $8,6762016Revenue 2017: $224,926Expenses 2017: $226,000Net Income 2017: -$1,0742017Revenue 2018: $241,176Expenses 2018: $238,732Net Income 2018: $2,4442018Revenue 2019: $270,015Expenses 2019: $261,267Net Income 2019: $8,7482019Revenue 2020: $189,209Expenses 2020: $203,460Net Income 2020: -$14,2512020Revenue 2021: $269,903Expenses 2021: $230,441Net Income 2021: $39,4622021Revenue 2022: $290,410Expenses 2022: $272,127Net Income 2022: $18,2832022Revenue 2023: $302,148Expenses 2023: $296,852Net Income 2023: $5,2962023Revenue 2024: $316,329Expenses 2024: $292,948Net Income 2024: $23,3812024

Highlighted filing

2021

Revenue$269,903
Expenses$230,441
Net Income$39,462
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Jun 24, 2022
Return Version
2020v4.1
Gross Receipts
$269,903
Mission and Program Overview

Mission

The Braddock Heights Community Association's primary exempt purpose is to encourage a sense of individual obligation to and pride in the Braddock Heights Community and to promote and improve the recreational, social and civic betterment of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$426,647$465,995▲ $39,348
Land, Buildings, and Equipment, Net$320,028$288,214▼ $31,814
Savings and Temporary Cash Investments$139,708$210,870▲ $71,162
Cash and Non-Interest-Bearing Accounts$1,861$1,861→ $0
Total Assets$461,597$500,945▲ $39,348
Liabilities
Mortgage Notes Payable Secured by Investment Property$30,250$30,250→ $0
Other Liabilities$4,400$4,400→ $0
Accounts Payable and Accrued Expenses$300$300→ $0
Total Liabilities$34,950$34,950→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$426,647$465,995▲ $39,348
Total Liabilities and Net Assets / Fund Balance$461,597$500,945▲ $39,348

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$223,602$561,076$784,678
Equipment$64,612$82,908$147,520
Other Land Buildings$0$42,501$42,501
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Doug SimsPresident
Mark KoltzVice-President
Bill JacocksDirector
Caroline MilamDirector
Craig CampbellDirector
Daryl HappDirector
Jake BalDirector
Jody KoogleDirector
Karen KoltzDirector
Lisa ToshDirector
Mike CottrellDirector
Penny JacocksDirector
Beverly DonaldSecretary
Thomas DixonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,913
Program Service Revenue
$22,958
Investment Income
$32
Other Revenue
$0
Change in Net Assets
$39,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$107,214$0$0$107,214
Depreciation Depletion$29,688$2,125$0$31,813
Office Expenses$4,974$14,891$0$19,865
Occupancy$1,386$11,888$0$13,274
Fees for Services Other$12,039$0$0$12,039
Insurance$6,882$775$0$7,657
Fees for Services Accounting$0$7,425$0$7,425
Other Expenses$5,505$0$0$5,505
Interest$1,147$0$0$1,147
Advertising$812$0$0$812
Total Functional Expenses$184,820$45,621$0$230,441
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Initiation Fees$4,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Braddock Heights Community Assoc Inc
EIN
52-0891872
Phone
3013718007
Address
PO BOX 243, BRADDOCK HEIGHTS, MD 21714

Signing Officer

Name
Jacob Bal
Title
Treasurer
Phone
3013718007
Signed
2022-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob Bal
Formed
1951
Legal Domicile
Md
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
125

Preparer

Firm
Bryant Financial Group LLC
Address
112 W Main St Unit 1, Middletown, MD 21769
Preparer
Terri BryantCPA
Phone
3013719022
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Karen Koltz and Mark Koltz - Family Relationship; Penny Jacocks and Bill Jacocks - Family Relationship

Pt VI, Line 3

BHCA contracts with a company to manage the operations of the BHCA community pool. This includes staffing for lifeguards and maintenance and repairs for the pool. The lifeguards are employees of the management company.

Pt VI, Line 7B

An annual meeting is held for voting members to attend and vote in the new Board of Directors as positions become available and to approve the operating and capital budgets for the new fiscal year.

Pt VI, Line 11B

Detail financial records as well as other narrative information are provided by the Board, Officers and various committees to the accountant. The accountant uses that information to compile accounting records that become the basis for the Form 990. The completed Form 990 is provided to the BHCA Treasurer for review and approval for before filing with IRS.

Pt VI, Line 19

Documents are available to the public upon written request. Form 990 is not posted on the BHCA website.

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IRS990/Form990PartVIISectionAGrp/PersonNm7Bill Jacocks
IRS990/Form990PartVIISectionAGrp/PersonNm8Penny Jacocks
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/ProgramServiceRevenueGrp/Desc1Facilities Rental
IRS990/ProgramServiceRevenueGrp/Desc2Community Events
IRS990/ProgramServiceRevenueGrp/Desc3Newsletter Advertising
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2429
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3150
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt3150
IRS990/ProgSrvcAccomActy2Grp/Desc0The BHCA operates a youth swim team each pool season that is open to all BHCA members. During the summer of 2021, children of 31 families participated on the BHCA swim team that competed in Frederick County Summer Swim League. The swim team provides a place for children to exercise, develop their swimming skills, learn to participate in a team sport and develop a sense of community. Approximately 100 people volunteer to assist with running the swim team and its various activities.
IRS990/ProgSrvcAccomActy3Grp/Desc0The BHCA operates a community center that is available for BHCA members to rent and hold private functions. Often times members utilize this facility for family reunions, birthday parties and member cub scout meetings. However, due to the ongoing effects of COVID-19 the community center saw very little use this past fiscal year. for members.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/ReconcilationRevenueExpnssAmt039462
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0426647
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0465995
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0139708
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0210870
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0223602
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0561076
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0784678
IRS990ScheduleD/EquipmentGrp/BookValueAmt064612
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082908
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0147520
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042501
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE INITIATION FEES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0288214
IRS990ScheduleD/TotalLiabilityAmt04400
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Karen Koltz and Mark Koltz - Family Relationship; Penny Jacocks and Bill Jacocks - Family Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BHCA contracts with a company to manage the operations of the BHCA community pool. This includes staffing for lifeguards and maintenance and repairs for the pool. The lifeguards are employees of the management company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual meeting is held for voting members to attend and vote in the new Board of Directors as positions become available and to approve the operating and capital budgets for the new fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Detail financial records as well as other narrative information are provided by the Board, Officers and various committees to the accountant. The accountant uses that information to compile accounting records that become the basis for the Form 990. The completed Form 990 is provided to the BHCA Treasurer for review and approval for before filing with IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available to the public upon written request. Form 990 is not posted on the BHCA website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0461597
IRS990/TotalAssetsEOYAmt0500945
IRS990/TotalAssetsGrp/BOYAmt0461597
IRS990/TotalAssetsGrp/EOYAmt0500945
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0246913
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045621
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184820
IRS990/TotalFunctionalExpensesGrp/TotalAmt0230441
IRS990/TotalGrossUBIAmt0150
IRS990/TotalLiabilitiesBOYAmt034950
IRS990/TotalLiabilitiesEOYAmt034950
IRS990/TotalLiabilitiesGrp/BOYAmt034950
IRS990/TotalLiabilitiesGrp/EOYAmt034950
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0426647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0465995
IRS990/TotalProgramServiceRevenueAmt022958
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022840
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269903
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0150
IRS990/TotalVolunteersCnt0125
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0461597
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0500945
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 243
IRS990/USAddress/CityNm0BRADDOCK HEIGHTS
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021714
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.BRADDOCKHEIGHTS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACOB BAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03013718007
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRADDOCK HEIGHTS COMMUNITY ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0BRAD
ReturnHeader/Filer/EIN0520891872
ReturnHeader/Filer/PhoneNum03013718007
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 243
ReturnHeader/Filer/USAddress/CityNm0BRADDOCK HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021714
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bryant Financial Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0112 W Main St Unit 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Middletown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021769
ReturnHeader/PreparerPersonGrp/PhoneNum03013719022
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terri BryantCPA
ReturnHeader/ReturnTs02022-06-27T11:35:53-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACOB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BAL
ReturnHeader/TaxPeriodBeginDt02020-11-01
ReturnHeader/TaxPeriodEndDt02021-10-31

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.01$0.05$4.96$3.16$2.93$0.23
2023Detailed filing. Detailed filing data is available for this year.$4.42$0.05$4.37$3.02$2.97$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.81$0.15$4.65$2.90$2.72$0.18
2021Detailed filing. Detailed filing data is available for this year.$5.01$0.35$4.66$2.70$2.30$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.62$0.35$4.27$1.89$2.03$0.14
2019Detailed filing. Detailed filing data is available for this year.$4.85$0.44$4.41$2.70$2.61$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.85$0.53$4.32$2.41$2.39$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.92$0.62$4.30$2.25$2.26$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.00$0.70$4.30$2.21$2.13$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.01$0.80$4.21$2.15$2.11$0.04
2014Summary only. Only limited summary data is available for this year.$5.06$0.89$4.17$2.13$2.03$0.09
2013Summary only. Only limited summary data is available for this year.$5.06$0.98$4.08$2.13$2.03$0.10
2012Summary only. Only limited summary data is available for this year.$5.30$1.32$3.97$2.30$1.90$0.40
2011Summary only. Only limited summary data is available for this year.$4.96$1.42$1.92$1.89$0.03